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BEIJING, June 13 (Xinhua) -- A subsidiary of China South Locomotive and Rolling Stock Corporation Limited (CSR), China's leading train manufacturer, announced Wednesday that it has won a bid to provide carriages for an inter-city high-speed railway that connects Hong Kong and south China's Guangdong Province.

BEIJING, Aug. 5 (Xinhua) -- China's securities regulator on Sunday issued a draft regulation for listed companies that offer shares to their employees, a move aiming to make more staff benefit from stock ownership.

The next five to 10 years are a key period for China to turn from a village-based to a city-based country and enhance the quality of urbanization, the report said.

Of the 102 terracotta warriors unearthed from 2009 up to May this year, eight are officials and one is a senior official, said Xu Weihong, executive director of the excavation team.

"At that time, some people suggested that we resort to a zero interest rate policy, as some developed countries did. We had discussions. Though we could not judge whether we would fall into the 'liquidity trap' described by John Maynard Keynes, we did know it would be a very dangerous decision," central bank governor Zhou Xiaochuan said.